Dec 3, 2013 4:00am EST
, and many are wondering if the wto will be able to profits still relevant. >> and lisa will be live from that wto meeting throughout the day on cnbc tomorrow. we have a press release from johnson controls and hi tashy. they're announce ago global air-conditioning venture. there you go. i don't know whether that story leaves you cold, but that deal has just been announced. the e-mail address is email@example.com. >>> still to come, the mark in north korea, the u.s. is tied with uruguay. what are earth are we talking about? it's the corruptions index. more after this. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ [ male announcer ] the beautifully practical and practically beautiful cadillac srx. get the best offers of the season now. lease this 2014 srx for around $369 a month with premium care maintenance included. ♪ you can fill that box and pay one flat rate. how naughty was he? oh boy...
Dec 4, 2013 4:00am EST
. sometimes are required to get a multi lateral deal done. >> our very own lisa oake is in bahlitwto meeting and joins us now. lisa, what kind of agreement, if anything, can we expect? >> it's still up in the air, ross. still very much down to the wire. and, in fact, earlier, when i was speaking to indonesia's trade minister, i asked them to put a percentage chance on the likelihood of getting a deal. and he put it at about 48% to 49%. so he is still optimistic by this morning. so you can appreciate the position that india's commerce minister is in right now. if you've ever been stuck between a rock and a hard place or had a decision to make, you certainly understand how this gentleman must be feeling over the past couple of weeks. at home, teef got an election coming up in india. they heavily subsidize many staples for their poor. up to 70% of the population will receive some sort of subsidy under this aggressive new security program that they've recently launched. and try explaining, you may be rolling some of that back to an electorate as you're going into an election. certainly not an ea
Dec 6, 2013 4:00am EST
. >> the meeting in bali was originally scheduled to be finished at 3:00 p.m. local time. lisa, nice to speak with you again. tell us about whether we're likely to see a deal. is it false hope at this point? >> i don't think it's false hope, karen. the mood has picked up at these meetings here in bali. many of the delegates feel that the world's first multi lateral trade deal is inches away from getting this done. the closing ceremony has been delayed and we have been told that negotiations are intense and they are ongoing. it's all down, of course, to one final issue. it's been the issue at these talks, which is the way the wto rules will affect india's state security program, subsidized products over this program. and india could easily reach that level and they would have to pay fines for the so-called moratorium, the so-called peace clause expires. so they are pushing to have that extended and that's what's being worked out right now. don't forget, there's an election coming up in india in may towards the end of the month. they don't want to have to go back to voters and explain the possi